1) You have recently started a graduate placement at the MPA Partnership, a large Accounting and Auditing firm with head office located in Robina, Gold Coast. Your manager has asked you to be involved with a client Altec to provide some advices regarding a takeover deal undertaken by Altec which is planning to takeover a data mining company Cloud Al. The client consults you to provide an audit report of Cloud Al's financial report and expects all instances of frauds contained in the financial reports to be identified through the Audit. Requirement: Comment and Evaluate the client expectation in the case study